Autofleet Provides Vehicle-as-a-Service Platform for Keolis Autonomous Electric Shuttle Deployment in Sweden

Autofleet’s AI-powered platform to monitor shuttle operation and generate key performance data for future autonomous mobility deployments TEL AVIV, Israel–(BUSINESS WIRE)–Autofleet, a provider of AI-powered fleet optimization solutions, was selected by Keolis, a public transport operator, to provide its platform for an autonomous electric vehicle (AEV) project in Gothenburg, Sweden. Shuttle operation began on January […]

Velodyne Lidar Announces Appointment of Deborah Hersman to Board of Directors

Velodyne Lidar Announces Appointment of Deborah Hersman to Board of Directors

Former NTSB Chair and National Safety Council President Brings Nearly 30 Years of Leadership Experience in Transportation, Safety and Policy Sectors SAN JOSE, Calif.–(BUSINESS WIRE)–#VelodyneLidar—Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced that Deborah Hersman, former chair of the National Transportation Safety Board (NTSB), has been appointed to the Company’s Board of Directors, effective immediately. […]

Upstart to Acquire Prodigy Software, a Leading Automotive Retail Software Provider

SAN MATEO, Calif.–(BUSINESS WIRE)–Upstart Holdings, Inc. (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, today announced it has entered into a definitive agreement to acquire Prodigy Software, Inc., a provider of cloud-based automotive retail software. Each year, approximately $1 trillion of cars are sold in the US, and most of them are financed.1 Yet […]

FCPT Announces Acquisition of an Advance Auto Parts Property for $1.8 Million

MILL VALLEY, Calif.–(BUSINESS WIRE)–Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of an Advance Auto Parts property for $1.8 million. The property is located in a strong retail corridor in Texas and is […]

Kandi America Expands Product Categories, Launches NEV Models

Kandi America Expands Product Categories, Launches NEV Models

GARLAND, Texas–(BUSINESS WIRE)–$KNDI #NEV—Kandi America, the U.S. subsidiary of Kandi Technologies Group Inc. (NASDAQ GS: KNDI), an international automotive and powersports manufacturer, today announced the strategic expansion of its automotive business to fulfill the largely untapped Neighborhood Electric Vehicle (NEV) market. Now available for order and delivery through select dealerships, the Kandi NEV K23 and […]

The Presidio Group Advises on the Sale of Jaguar Land Rover Stevens Creek

The Presidio Group Advises on the Sale of Jaguar Land Rover Stevens Creek

Luxury dealership franchises acquired by owner of Jaguar Land Rover Newport Beach SAN JOSE, Calif.–(BUSINESS WIRE)–The Presidio Group LLC (“Presidio”), a leading investment bank specializing in retail automotive and related M&A transactions, exclusively advised Bruce Qvale on the sale of his Jaguar Land Rover Stevens Creek dealership franchises to US Auto Trust. “We turned to […]

Esri Partner Track Star Integrates ArcGIS Platform

Esri Partner Track Star Integrates ArcGIS Platform

Fleet Tracking Company Uses Esri’s Platform as a Service to Scale Solution Development REDLANDS, Calif.–(BUSINESS WIRE)–#ArcGIS—Esri, the global leader in location intelligence, today announced that its partner, GPS fleet management firm Track Star, is entirely rebuilding its automatic vehicle location software (AVLS) product around ArcGIS Platform. With access to Esri’s datasets and location services, their […]

 Owen Smith, Omnitracs VP, Wins Supply & Demand Chain Executive’s Pros to Know Award

 Owen Smith, Omnitracs VP, Wins Supply & Demand Chain Executive’s Pros to Know Award

 Smith is Recognized as an Outstanding Executive Whose Accomplishments Leverage Supply Chains for Competitive Advantage DALLAS–(BUSINESS WIRE)–Omnitracs, LLC, a leader in SaaS-based fleet management and data analytics solutions and a pioneer in transportation technology, today announced that Owen Smith, Vice President, Enterprise Sales, Last Mile, is a winner of Supply & Demand Chain Executive’s Pros […]

Allied Motion to Present at Sidoti Spring 2021 Virtual Conference

Allied Motion to Present at Sidoti Spring 2021 Virtual Conference

AMHERST, N.Y.–(BUSINESS WIRE)–Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or “Company”), a designer and manufacturer that sells precision and specialty controlled motion products and solutions to the global market, announced that Dick Warzala, Chairman, President and Chief Executive Officer, and Michael Leach, Chief Financial Officer, will present and be available for investor meetings at […]